• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Japan govt task force starts work on second casino bill

Apr 05, 2017 Newsdesk Japan, Latest News, Top of the deck  


Japan govt task force starts work on second casino bill

The Japanese government on Tuesday began working on a second piece of legislation related to casino gaming in the country, Japanese newswire service Jiji Press reported. The draft statute – referred to as the implementation bill – will detail the specifics for the casino industry in Japan: how casinos are administered and regulated; the taxation regime to be applied to them; their location; and the number of licences to be issued.

Legislation making casino gambling legal in Japan came officially into effect on December 26, although investment analysts have said that it could be beyond the year 2021 before the first Japanese casino resort opens.

“To realise clean casinos, we will introduce regulations at the world’s highest standards and develop a system to properly enforce them,” Prime Minister Shinzo Abe (pictured) was quoted as saying at the first meeting of the government’s task force, reported Jiji Press. “Through those measures, we aim to create attractive Japanese-style integrated resorts,” Mr Abe added.

Officials from various government agencies have come together to work on the matter. The task force will also invite lawyers, accountants, economists and experts in other fields to discuss licensing and operating issues, as well as financial and tax issues, said Jiji Press.

The Japanese government plans to submit the bill during a possible extraordinary session of the parliament this autumn, added the media outlet.

Most major global casino operators have expressed an interest in developing an integrated resort – including a casino – in Japan. The list of potential suitors includes Las Vegas Sands Corp, MGM Resorts International, Genting Singapore Plc, Galaxy Entertainment Group Ltd, Wynn Resorts Ltd and Melco Resorts and Entertainment Ltd.

Some local governments in Japan are already moving forward with their own plans in the hope of securing one of the first casino resorts to be granted after the implementation law is passed. Osaka Prefecture established on Monday a new bureau tasked with attracting prospective developers as well as formulating policies to deal with problem gamblers, reported the Japan Times newspaper.


  • tweet
Related articles
  • Wakayama casino RFP deadline affirms still 2 suitors
    Wakayama casino RFP deadline affirms...

    Jan 18, 2021  

  • 2020 pandemic forced casinos to evolve: experts
    2020 pandemic forced casinos to evolve:...

    Dec 31, 2020  

More news
  • Aristocrat to launch EGM-based responsible gaming features
    Aristocrat to launch EGM-based...

    Feb 26, 2021  

  • Suncity to open clubs at Londoner Macao, Lisboa Palace
    Suncity to open clubs at Londoner...

    Feb 26, 2021  


Latest News

Aristocrat to launch EGM-based responsible gaming features

Aristocrat to launch EGM-based responsible gaming features

Feb 26, 2021  

Casino slot machine maker and digital games provider Aristocrat Leisure Ltd says it plans to launch in the first quarter this year a new product with responsible gaming features, which has already...
Read More
Suncity to open clubs at Londoner Macao, Lisboa Palace

Suncity to open clubs at Londoner Macao, Lisboa Palace

Feb 26, 2021  

Tech supplier Crane ups forecast for 2021 core sales

Tech supplier Crane ups forecast for 2021 core sales

Feb 26, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day


US$53.4 million

Adjusted EBITDA reported by Asian casino operator Melco Resorts and Entertainment for the fourth quarter of 2020



Most Popular

  • Macau casino GGR soared in final days of CNY: brokeragesMacau casino GGR soared in final days of CNY: brokerages February 23, 2021
  • Pansy Ho sells off more stock in MGM Resorts for US$36mlnPansy Ho sells off more stock in MGM Resorts for US$36mln February 23, 2021
  • Macau VIP challenged by changes in China: Galaxy Ent bossMacau VIP challenged by changes in China: Galaxy Ent boss February 25, 2021
  • Galaxy Macau Phase 3 MICE to launch in stages says execGalaxy Macau Phase 3 MICE to launch in stages says exec February 24, 2021
  • Melco’s Lawrence Ho hopeful on Macau recovery in MarchMelco’s Lawrence Ho hopeful on Macau recovery in March February 26, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us